Projecting realistic cryptocurrency values is the most challenging task. One of the most well-known cryptocurrency analysts has been betting on LTC for nearly three years. Tung sees potential for Litecoin to expand, despite his prognosis for 2021 being far too optimistic ($1,500 by the end of 2021).
Another well-known analyst, Dan Gambardella, predicted a surge in LTC in 2017 and now predicts sustained growth up to $1,000 in 2021. Let’s look at some recent professional papers concerning LTC and its market pricing to see what they have to say. When it comes to the Litecoin currency evaluation, they might give us some food for thought:
TradingBeats predicts some minor dips in July, with a top value of $151.73 and a minimum of $103.17. The LTC will show some minor. The favorable increases each month starting in July, according to its analysis. It will have a maximum value of roughly $160 by December 2021, with an average of $128. Overall, the platform predicts that Litecoin will expand.
- An investor with a Wallet
Wallet Investor’s Litecoin price predictions get based on LTC declines in the short term. At the beginning of July, the coin gets expected to have an average value of $143.25 and a maximum value of $202.15.
Beginning in September, Litecoin will undoubtedly show a long-term positive balance. Despite the current small dynamics, Wallet Investor believes that Litecoin to reach $182 in the second half of this year. According to WI’s analysis, the price will be relatively stable (an average of $132) until November 2021.
- Long-Term Predictions
According to Long Forecast, the most well-respected forecasting firm, the price of Litecoin will average $173 by the end of the year. The downward trend in the face of excessive price volatility will most likely continue for the next few months.
The starting price for July gets predicted to be $141, rising to $146 in September. EFA sees this cryptocurrency’s promise and anticipates significantly better returns in the long run. Its predictions remain upbeat and say “yes” to its investment, as they have in the past.
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